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FxWirePro: EUR/JPY attempts of breaching resistance at 128.489 creates bullish speculation but long term bear trend is intact

Jan 25, 2016 08:35 am UTC| Technicals

Although, both on daily and weekly price patterns of the pair tested supports at channel base line at around 126.416 (last weeks lows) to form a bottom but on again weakness is seen in this pair when it has rejected...

FxWirePro: GBP/USD faces strong resistance around 1.4365, good to sell on rallies

Jan 25, 2016 08:09 am UTC| Technicals

Cable has made a high of 1.43626 and started to decline from that level. It is currently trading at 1.42750. Short term trend is weak as long as resistance 1.4365 holds. Any break above 1.4365 will take the till...

FxWirePro: DAX faces major support at 9540, good to buy at dips

Jan 25, 2016 07:38 am UTC| Technicals

The index has broken major resistance 9720 and jumped till is currently trading around 9819. Any minor weakness can be seen only below 9560 and any break below 9540 will drag the index down till 9420/9300. The...

FX Hedging Strategy Series

FxWirePro: Hedging and speculating NZD/USD downside risks via calendar combinations

Jan 25, 2016 07:21 am UTC| Technicals

NZDUSD has formed a double top pattern on daily charts with peak 1 at 0.6897 and peak 2 at 0.6883. Although this pair has tested supports near neckline of double top at 0.6428, we could foresee more bearish pressure in...

FxWirePro:BTC/USD faces support around $370, good to buy at dips

Jan 25, 2016 06:55 am UTC| Technicals Digital Currency

BTC/USD has retreated till $374 after making a high of $422.98. It is currently trading around $396. Short term trend is bullish as long as support $370 holds. On the lower side any break below $370 will drag the...

FxWirePro: GBP/AUD faces strong support at 2, good to buy at dips

Jan 25, 2016 06:37 am UTC| Technicals

Harmonic pattern Formed - Bullish Gartley Pattern Potential Reversal Zone (PRZ) - 2. The pair is trading in narrow range around 2.032-2.045 for the past two trading session. GBP/AUD is facing minor...

FX Hedging Strategy Series

FxWirePro: NZD/USD takes supports at double top neckline, but don’t get bull trapped, likely to test channel resistance

Jan 25, 2016 06:09 am UTC| Technicals

It has formed a double top pattern on daily charts with peak 1 at 0.6897 and peak 2 at 0.6883. Although this pair has tested supports near neckline of double top at 0.6428, we could foresee more bearish pressure in the...

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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